Funding/M&A
Israeli startup Entro launches with $6 million in seed-stage funding and a product to help manage secrets sprawl in the enterprise.
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Financials have not been disclosed, but the estimated cost is in the tens of millions of dollars.
Israeli startup Entro launches with $6 million in seed-stage funding and a product to help manage secrets sprawl in the enterprise.
Seventeen cybersecurity-related M&A deals were announced in the first half of May 2023.
Tech giant IBM acquires Polar Security, an early stage startup in the red-hot data security posture management (DSPM) category.
Huntress closes a $60 million Series C financing round led by Sapphire Ventures. The company has now raised $118 million.
Crosspoint Capital Partners has agreed to acquire security solutions provider Absolute Software in an $870 million deal.
OpenSSF has added four new members and is receiving $5 million in funding for its Alpha-Omega open source software security project.
SquareX emerges from stealth mode with $6 million in seed funding for the development of its security-focused browser extension.
Blockchain company Webb Technologies has raised $7 million in seed funding for its privacy tools and protocol.
Data protection startup Optery has raised $2.7 million in a seed funding round led by Bayhouse Capital.
Fraud detection startup Moonsense has raised $4.2 million in a seed funding round co-led by Race Capital and XYZ Ventures.
Thirty-eight cybersecurity merger and acquisition (M&A) deals were announced in April 2023.
Cybersecurity firm Aadya has raised $5 million in Series A funding for its all-in-one platform tailored for small and mid-sized businesses.
SecurityWeek editor-at-large Ryan Naraine expects to see an explosion of well capitalized startups promising to protect AI machine learning models behind enterprise products.
XIoT security firm NetRise announced $8 million in additional funding, bringing the total raised by the company to $14 million.
Token has raised a total of $53 million to work on a biometrics-powered wearable device featuring multi-factor authentication technologies.
Cybersecurity startup Sonet.io emerges from stealth mode with $6 million in seed funding and a secure access solution for remote workers.
Silicon Valley startup emerges from stealth with $4 million in seed-stage funding and ambitious plans to disrupt the IAM governance market.
Safe Security, a startup building technology to help organizations manage cyber risk, has secured a $50 million Series B funding round.
The Series A funding round was led by Storm Ventures and brings the total raised by Dasera to $20 million.
Coro, an enterprise cybersecurity platform for mid-market organizations, has raised $75 million from Energy Impact Partners.